Chicago Fed National Activity Index unexpectedly rose to +0.05 in February, indicating above-average economic growth.
The Chicago Fed National Activity Index unexpectedly increased to +0.05 in February, indicating above-average economic growth. Economists had anticipated a fall to -0.50, while the index was originally reported at -0.30 for the previous month. All four broad categories of indicators used to construct the index increased from January, with three categories making positive contributions in February.
March 25, 2024
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